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Sanctions-hit Russian firms ask government for $1.6b in liquidity

Russian companies hit by US sanctions, including aluminum giant Rusal, have asked for 100 billion rubles ($1.6 billion) in liquidity support from the government, Finance Minister Anton Siluanov was quoted by Interfax news agency as saying on Friday.

The United States on April 6 imposed sanctions against several Russian entities and individuals, including Rusal and its major shareholder Oleg Deripaska, to punish Moscow for its suspected meddling in the 2016 US election and other alleged “malign activity.”

Rusal, the world's second-biggest aluminum producer, has been particularly hard hit as the sanctions have caused concern among some customers, suppliers and creditors that they could be blacklisted too through association with the company.

A “temporary nationalization” is an option for some sanctions-hit companies, but not Rusal, Siluanov was quoted as saying. He did not name the companies he was referring to.

A Kremlin spokesman had said on Thursday that temporary nationalization was one of the options for helping Rusal.

According to another news agency, RIA, Rusal has only requested government support with liquidity and with demand for aluminum so far, Siluanov said.

RIA quoted the minister as saying the government was not considering state purchases of aluminum for now.

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Sanctions-hit Russian firms ask government for $1.6b in liquidity

Russian companies hit by US sanctions, including aluminum giant Rusal, have asked for 100 billion rubles ($1.6 billion) in liquidity support from the government, Finance Minister Anton Siluanov was quoted by Interfax news agency as saying on Friday.

The United States on April 6 imposed sanctions against several Russian entities and individuals, including Rusal and its major shareholder Oleg Deripaska, to punish Moscow for its suspected meddling in the 2016 US election and other alleged “malign activity.”

Rusal, the world's second-biggest aluminum producer, has been particularly hard hit as the sanctions have caused concern among some customers, suppliers and creditors that they could be blacklisted too through association with the company.

A “temporary nationalization” is an option for some sanctions-hit companies, but not Rusal, Siluanov was quoted as saying. He did not name the companies he was referring to.

A Kremlin spokesman had said on Thursday that temporary nationalization was one of the options for helping Rusal.

According to another news agency, RIA, Rusal has only requested government support with liquidity and with demand for aluminum so far, Siluanov said.

RIA quoted the minister as saying the government was not considering state purchases of aluminum for now.

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খেলাপি ঋণ, ব্যাংক, বাংলাদেশ ব্যাংক,

বাণিজ্যিক ব্যাংক থেকে সরকারের ঋণ নেওয়া বেড়েছে ৬০ শতাংশ

বাংলাদেশ ব্যাংক নতুন নোট ছাপিয়ে সরাসরি সরকারকে ঋণ দেওয়া  বন্ধ করে দেওয়ায় সরকারের আর্থিক চাহিদা মেটাতে বাণিজ্যিক ব্যাংকগুলোর কাছে যাওয়া ছাড়া বিকল্প নেই।

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